New Found Gold Corp has a consensus price target of $9 based on the ratings of 1 analysts. The high is $9 issued by Roth MKM on April 23, 2024. The low is $9 issued by Roth MKM on April 23, 2024. The 3 most-recent analyst ratings were released by Roth MKM on April 23, 2024, April 8, 2024, and September 21, 2023, respectively. With an average price target of $9 between Roth MKM, there's an implied 383.87% upside for New Found Gold Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for New Found Gold (AMEX:NFGC) was reported by Roth MKM on April 23, 2024. The analyst firm set a price target for $9.00 expecting NFGC to rise to within 12 months (a possible 383.87% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for New Found Gold (AMEX:NFGC) was provided by Roth MKM, and New Found Gold maintained their buy rating.
There is no last upgrade for New Found Gold
There is no last downgrade for New Found Gold.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Found Gold, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New Found Gold was filed on April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.
While ratings are subjective and will change, the latest New Found Gold (NFGC) rating was a maintained with a price target of $9.00 to $9.00. The current price New Found Gold (NFGC) is trading at is $1.86, which is out of the analyst’s predicted range.
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